The route to single-digit microsecond latency

In the last few years, latency has been the most important characteristic of financial transaction systems. Cinnober has focused its research on several aspects of low-latency technology in order to develop a new, ultra-fast trading system: TRADExpress Ultra.

In this paper we present key findings relating to how TRADExpress Ultra achieves single-digit microsecond latency with commercially available equipment.